Optiemus Infracom invests further in wholly owned subsidiary OEL

Optiemus Infracom Limited, via its Operations and Administration Committee, approved a further investment of INR 7,69,99,728 in its wholly owned subsidiary, Optiemus Electronics Limited (OEL). This investment, approved on September 10, 2025, involves acquiring 246,794 equity shares of OEL at INR 312 each, offered on a rights basis. The acquisition is expected to conclude within 90 days, with the total consideration paid in cash.

This strategic move aims to support OEL in meeting its working capital needs and enhancing business operations through capital expenditure. OEL, which manufactures mobile phones, wearables, and IT hardware, will see its total shares held by Optiemus Infracom increase from 19,074,980 to 19,321,774 shares. The transaction is classified as a related party transaction but was conducted at arm's length, with consideration determined by an independent valuer.

The investment is anticipated to strengthen OEL’s manufacturing and design capabilities, maintain Optiemus Infracom’s ownership and control, and contribute to the enhancement of brand image and value for stakeholders, leading to a strengthened balance sheet and greater financial flexibility. OEL reported a turnover of INR 23,118.60 Lakhs and a net worth of INR 16,729.17 Lakhs as of March 31, 2025.